Looking back six years ago finds a flurry of last minutelobbying efforts by NCUA and credit union trade associations payingoff as the arcane $600 million Central Liquidity Facility cap waslifted by a House committee.

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The House Appropriations Committee passed an amendment to itsappropriation bill raising the CLF cap to $3 billion, with aprovision that allows NCUA to expand beyond the $3 billion cap inan emergency situation as deemed by NCUA.

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That issue also finds NCUA Board Member Yolanda Wheatintroducing a "community action plan" that would require allfederal community charter credit unions to document their serviceand marketing efforts to all segments of their FOM especially tolow-income areas.

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"I think it is a very appropriate part of this plan," said NCUAChairman Norm D'Amours. "Especially dealing with the increasingnumber of community expansions.at least for my thinking, ofresolving many of the difficult issues that have confronted thisagency over the past three or four years, like overlaps, forinstance. It's going to make it a lot easier for me to work withexpanding credit unions to ensure they are doing what they aresupposed to be doing-and that is reaching out to low-incomesegments and serving them."

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